Option Buy Recomendations

[Aqua9]

Dear Aqua9,

1. You can play in options intraday as per strategy posted in 1st post of this thread, evenif its gap up or gap down i.e. trade as per trend.

2. Have not tested intra day candle graph so can't comment on it. You need to test it for atleast 3 months and start trading with it only when it has given you profits 3 months in a row.

Regards

Dear Ghosh

Thanks very much for the suggestion, will follow your advise.

regards

 

[bobit79]

hi Ghosh

these days iam executing intra day options, iam squaring off the options everyday, is it better or need to keep it to next day?

 

[ghosh_ak34]

hi Ghosh

these days iam executing intra day options, iam squaring off the options everyday, is it better or need to keep it to next day?

Dear bobit79,

Yes, you can keep options for next day provided you have hedged it.

Regards

 

[ghosh_ak34]

Dear Friends,

For Nifty Future (June Series) traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for tomorrow are as under:

Resistence at 4701
Support at 4590

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend strategy posted in 1st post of this thread.

Regards

 

[RAWT]

hi ghosh, can i short my option in put 4400 & long call 4700 plz . in stock option reliance 2400 call are best or not 0n decline plz suggest

with regards

 

[ghosh_ak34]

hi ghosh, can i short my option in put 4400 & long call 4700 plz . in stock option reliance 2400 call are best or not 0n decline plz suggest

with regards

Dear Rawt,

Nifty is currently consolidating so it won't be wise to buy a OTM call. Will reco. to write OTM June call instead. Will reco to write 4900 call 2 lots and write 4400 put 1 lot atleast. Yes, you can buy RIL 2400 call.

Regards

 

[ghosh_ak34]

Dear Friends,

For week starting Mon-Fri, R1=4700 and S1=4400, R1 ~ S1 is within the range (300,400] so you can trade as per trend check strategy posted in the 1st post of this thread.

Will reco to buy more calls than puts. Buy calls at Strike price S1=4400 and puts at strike price R1= 4700.

Regards

 

[padhugvn]

dear ghosh,

currently am having 1 lot of 4800 june call and 4400 june put .can i get profit from these calls or exit on monday.pls advice me.

 

[ghosh_ak34]

dear ghosh,

currently am having 1 lot of 4800 june call and 4400 june put .can i get profit from these calls or exit on monday.pls advice me.

Dear padhugvn,

Try to make an exit. Options traders prefer to write Nifty strangles when Nifty is consolidating.

Regards

 

[ghosh_ak34]

Dear Friends,

For Nifty Future (June Series) traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for tomorrow are as under:

Resistence at 4670
Support at 4520

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend strategy posted in 1st post of this thread.

Regards